Ceigall India JV emerges L1 bidder for ₹704.7 Cr road project
Ceigall India Limited (CIL), in a joint venture with Sushee Infra & Mining Limited (SIML) with a 74% stake, has been declared the L1 bidder for a significant road construction project by the Ministry of Road Transport and Highways. The tender, valued at ₹704.70 Crore (excluding GST), involves the construction of a road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913 in Arunachal Pradesh. The project is to be executed on an Engineering Procurement Construction (EPC) mode and includes a 48-month construction period followed by a 5-year maintenance period. This development marks a substantial new contract for Ceigall India.
Key Highlights
- Ceigall India JV is the L1 bidder for a ₹704.7 Cr road project.
- The project is awarded by the Ministry of Road Transport and Highways.
- Contract involves road construction in Arunachal Pradesh.
- Execution is on EPC mode with a 48-month construction period.
- Includes a 5-year maintenance period post-construction.
Price Impact
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